The Seen and the Unseen of Government R&D
While it’s easy to fixate on the handful of success stories, the litany of government innovation failures should be enough to sober up even the most enthusiastic proponent of state-backed entrepreneurship.
Mises Wire
China Won’t Be Taking Over the World
Faced with countless demographic, economic, and strategic problems, China is more likely to collapse than take over the world.
Of Common, Public, and Private Property and the Rationale for Total Privatization
Hoppe lays out the nature and role of private property in human relations and the flawed concept of public property.
Using Goods vs. Exchanging Them: Menger Explains the Difference
In a developed economy, the satisfaction of desires can be obtained not only by goods in use, but also by goods in exchange.
Revitalizing a Town Takes a Lot More than Fixing Up a Few Buildings for a TV Show
Creating a functioning and sustainable local economy is much more time consuming and complicated than sprucing up a few buildings to look good on a TV show.
Carl Menger Explains Value
The anchor of all valuation is the usefulness of a good for the well-being of an individual human being.
Government “Stimulus” Keeps Having a Diminishing Effect
We should be extremely concerned about the short and diminishing impact of monster stimulus plans.
Savings Are the Foundation of Economic Growth
If people are to demand things in the market, people must first produce things. This production allows for savings, and ultimately, for economic growth.
Unmasking the Latest Bipartisan (and Dangerous) Climate Bill
Republicans put a free market happy face on the latest environmentalist policy prescriptions in DC, but that does not change the fact that centrally planned climate policy is terrible economics.
Covid Tyranny Destroys the Myth of “Liberal Democracy”
It wasn’t "fascism" or "Russia" that normalized lockdowns, mandates, and massive whirlwind profits to politically connected cronies in the West—it was the alleged defenders of "liberal democracy."
